Immunovant CLO sells shares to cover RSU taxes
Immunovant, Inc. Chief Legal Officer Christopher Van Tuyl reported an open-market sale of 5,165 shares of common stock on April 8, 2026 at a weighted average price of $24.83 per share.
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Rhea-AI Filing Summary
Immunovant, Inc. Chief Legal Officer Christopher Van Tuyl reported an open-market sale of 5,165 shares of common stock on April 8, 2026 at a weighted average price of $24.83 per share. According to the disclosure, this sale was required to cover tax withholding obligations tied to the vesting and settlement of previously granted restricted stock units and was not a discretionary trade. Following the transaction, Van Tuyl directly holds 183,231 shares of Immunovant common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,165 | $24.83 | $128K |
Footnotes (2)
- F1. On April 1, 2025, the holder was granted 50,787 restricted stock units ("RSUs"), as previously reported on a Form 4 filed on April 3, 2025, of which 12,696 of these RSUs vested on April 1, 2026. The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of these RSUs. The sale is mandated by the Issuer's election to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.
- F2. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.54 - $25.39 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
Key Figures
Key Terms
restricted stock units financial
sell to cover financial
tax withholding obligations financial
weighted average price financial
FAQ
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What did Immunovant (IMVT) disclose about Christopher Van Tuyl’s latest stock sale?
What RSU grant and vesting events are linked to this Immunovant Form 4?
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